This module allows you to analyze existing cross correlation between Yahoo Inc and Oracle Corporation. You can compare the effects of market volatilities on Yahoo and Oracle and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Yahoo with a short position of Oracle. See also your portfolio center. Please also check ongoing floating volatility patterns of Yahoo and Oracle.
|Investment Horizon||30 Days Login to change|
Given the investment horizon of 30 days, Yahoo Inc is expected to generate 1.97 times more return on investment than Oracle. However, Yahoo is 1.97 times more volatile than Oracle Corporation. It trades about 0.28 of its potential returns per unit of risk. Oracle Corporation is currently generating about 0.41 per unit of risk. If you would invest 4,205 in Yahoo Inc on January 20, 2017 and sell it today you would earn a total of 305.00 from holding Yahoo Inc or generate 7.25% return on investment over 30 days.